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sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the country to feel that, you know, wherever you hear mitt romney saying something today, don't worry, it doesn't really matter. it is all subject to revision later. long-term, this is a weird technique. it has been a strange political technique from the get-go this year. but mostly, it has worked for them. them correcting the record later on to a smaller audience has mostly worked. so they just keep doing it. and they have kept getting away with it. but now, as of today, they have seemed to have gone too far to get away with it anymore. this is what mitt romney told "the des moines register" editorial bo
sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the...
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Oct 13, 2012
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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out theffective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social se
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...
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Oct 9, 2012
10/12
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massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left? >> first off, you're kind of misquoting what he said. number one, he said it's not a $5 trillion dr. >> 4.8. >> but it is. i don't care what he says, he's lying. it is $5 trillion. >> bob, let me make mire point. >> don't repeat his lie without any evidence. >> i'm not repeating it. the fact you call it a lie, you take that up with him. >> no, he's the one who's lying. >> let me make the point. how does it not -- >> the fact of the matter is he's identified that what he's going to do is limply fill the tax code in a number of
massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left?...
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Oct 11, 2012
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they have some obligations to society, and yet they are saying, i don't want to be taxed and if i'm taxed, then i'm going to take it out on all of you, that have less job security than you've ever had, whose wages continue to drop, and whose homes not worth 30% less than they were worth before. >> do you think these pressure tactics are going to work on workers? i mean, there is, you know, a fear in the job place in america when bosses act like this. you know, they don't want to lose their job. they saw harry down the street lost his job and their family is having a hard time. that kind of thinking sets in, what the heck, it's just a vote, i'm going to go ahead and do it. what do you think about that? >> it's possible, ed. this is a very, very, very tight election. and even if you have 5% of the workers who are intimidated like this or 3% or 2%, it could make a difference. and with unemployment still high, it's getting better, but unemployment's still high, a lo there's not enough job security out there to guard against this kind of intimidation. >> what do you think about using these bos
they have some obligations to society, and yet they are saying, i don't want to be taxed and if i'm taxed, then i'm going to take it out on all of you, that have less job security than you've ever had, whose wages continue to drop, and whose homes not worth 30% less than they were worth before. >> do you think these pressure tactics are going to work on workers? i mean, there is, you know, a fear in the job place in america when bosses act like this. you know, they don't want to lose...
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Oct 6, 2012
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benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term blahs, john. you've seen this happen with other presidents running for reelection. it's the kind of a job where you're constantly having people, really, you know, yes- men and yes-women surrounding you, and you kind of get out of practice on standing up there and telling someone who is telling you to your face that you're ruining the country. obama's conflict of verse -- obama is conflict averse, anyway, when it comes to directly confronting people. he should be well familiar from being out there on the stump. he was giving these elongated answers, complex, compound sentences instead of just saying, mr. romney, yo
benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term...
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Oct 8, 2012
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going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they buy more if tax rates were higher. you think i would have an important impact. >> guest: all the time i take the point it takes a lot. yes, i think, yes, but i would say it compounds gradually over time into the point where what you want, i think what is lost in this equation is how do you really get rich as an investment. you satisfy customers. customers are what makes you rich. they say you're the guy who is satisfy my needs, not that guy over there who is not getting rich. so what you really want, talent people
going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they...
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Oct 13, 2012
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taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word "bipartisan" was spoken during that debate, i missed it. gwen: no. it was spoken. but it was spoken by paul ryan. making the case that that's how they can solve problems. >> arguing that it could be bipartisan but paul ryan was actually going back to the republicans' 2010 playbook. where it was all about lower spending and tax cuts. joe biden was sticking to the -- the attack line of the obama campaign which is that mitt romney's tax cuts don't work. he must be hiding some details. he's trying to pull the wool over your isles. gwe
taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word...
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Oct 8, 2012
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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Oct 7, 2012
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you need to print capital and have cuts in spending that are meaningful and then you have to raise taxes and close loopholes. uh got to have all the three working in concert to de-leverage out of the system we are in. $40 billion makes sense to me. qe3 makes sense to me up to a point. i did note in the minutes that i would read from the minute that is if unemployment is above say 6.5% and inflation is below 3%, you're going to continue to see qe3 from one month to the next, but one you are getting close to the numbers they will start to shut it down. $40 billion a month will inflate the monetary supply by 15% a year. that's not something we are accustomed to seeing. we are de-leveraging but at some point inflation creeps into the process. >> tom, what about the civil suit that we saw this week, the civil suit by new york state attorney general against jpmorgan chase, they are alleging widespread company by the bear stearns business by the sale of mortgage-backed securities back in 2008. first, do you think this is a day late and dollar short and is it fair to target jpmorgan chase since
you need to print capital and have cuts in spending that are meaningful and then you have to raise taxes and close loopholes. uh got to have all the three working in concert to de-leverage out of the system we are in. $40 billion makes sense to me. qe3 makes sense to me up to a point. i did note in the minutes that i would read from the minute that is if unemployment is above say 6.5% and inflation is below 3%, you're going to continue to see qe3 from one month to the next, but one you are...
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Oct 9, 2012
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that debt forgiveness is tax free. again, thanks to congress passing a tax relief act on short sales back in 2007. a congressional committee estimates that will cost close to $1 billion in lost revenue to the government. now, given that relief and the fact that banks are really pushing these short sales and doing themselves, the question is, do we really need government to keep funding these short sales, maria? >> diana, these are the questions we'll keep following. thanks so much. they ask, should the government get out of the housing business altogether? rick santelli thinks so. jason says this isn't the time to kill these programs. rick, make the case. >> well, my case is why doesn't the government just buy them all, all the houses that are out there in foreclosure, vacant, bulldoze them down, give the tax bill to future generations, boom. housing fix. just because it's expedient doesn't mean it's the right thing to do. what, we're going to give them a break on their principle and their income tax? the government ne
that debt forgiveness is tax free. again, thanks to congress passing a tax relief act on short sales back in 2007. a congressional committee estimates that will cost close to $1 billion in lost revenue to the government. now, given that relief and the fact that banks are really pushing these short sales and doing themselves, the question is, do we really need government to keep funding these short sales, maria? >> diana, these are the questions we'll keep following. thanks so much. they...
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this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's time reserved in the homestretch. you're going to see bill clinton and barack obama together a lot. chris: like the old motorcades with ike and dixon, the canons of new york. i love it. tell me something i don't know. >> early voting, as we all know, has been going on, and we're starting to get some indication of how it's going. over half a million votes have already been cast. both sides are spinning the numbers. so far it looks like republicans are doing better than they did in 2008 and the democrats are doing better also, solt margin is smaller than it was at some
this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's...
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versus the capital gains tax. if the dividend tax becomes higher than the capital gains tax, it might pay to sell your stocks and get your income from selling 5% of the corpus of your portfolio as opposed to taking a 5% dividend. these are the type of issues i think people aren't really thinking about when it comes to the changes in the tax laws and what should we do. we're all just searching for income. it may be you want to take capital gains. >> i do think a lot of these questions are going to be head winds for the market. i think, you know, overall when you do have a lot of this uncertainty about how are my investments going to be treated, i think you can see a lot of people just start to pull money off the table, except maybe where you see companies that are actually showing some enthusiasm that we see a possible pattern. >> if i could point out the alternatives here, guys. we didn't talk about buying back stock. there's evidence that may be a very effective investment strategy as well. i know this has been a
versus the capital gains tax. if the dividend tax becomes higher than the capital gains tax, it might pay to sell your stocks and get your income from selling 5% of the corpus of your portfolio as opposed to taking a 5% dividend. these are the type of issues i think people aren't really thinking about when it comes to the changes in the tax laws and what should we do. we're all just searching for income. it may be you want to take capital gains. >> i do think a lot of these questions are...
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Oct 14, 2012
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu tyou wouldn't want your adoctor doing your job, hello... so why are you doing hers? only your doctor can determine if your persistent heartburn is actually something more serious like acid reflux disease. over time, stomach acid can damage the lining of your esophagus. for many, prescription nexium not only provides 24-hour heartburn relief, but can also help heal acid-related erosions in the
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back,...
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Oct 14, 2012
10/12
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no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because that's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunities from this country. >> she began to tear up. >> don't want to fall backwards. >> she showed being human. >> you know, this is very personal for me. >> pundits pounced. >> people perceive that as weakness. >> yeah, i think they will and they should. >> makes her look like her campaign is in trouble. >> the day before showed clinton 10 points behi
no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains....
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i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, over the weekend at a couple campaign events in los angeles, brought up the 47% which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads ready to go and then put together a conference call with campaign officials and also madeleine albright, former secretary of state and they are saying he's erratic, unsteady, irresponsible, something the campaign was not as quick to do in the past but post-debate, a much more aggressive tone from the campaign. >> jim, you have been following governor romney for a long time. you talk about a smile he has on the campaign trail. have you seen a big difference in how he's been campaigning since the debate? >> absolutely. you know, one thing that we should touch on is in that pew research center poll, it shows an 18 poin
i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, over the weekend at a couple campaign events in los angeles, brought up the 47% which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads ready to go and then...
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Oct 11, 2012
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cut plan that would increase taxes on the middle class. he wouldn't make abortion he said he would be delighted to sign a bill that would ban abortions if congress sent it to him. mitt romney has campaigned as a severely conservative candidate for president. now that he knows that those -- he is trying to hide who he is and what he stands for. there is a lot of anger building now about the issue of trust. what do you make of that? it was clumsily handled? should heads roll? >> president obama knew ambassador stephens. he was so appreciative of his work. that diplomatic core works for him. >> it is not about mitt romney and what he did which -- >> or my colleagues in congress. >> that was in appropriate. >> in the sense of blaming the video. >> piers -- >> it was more likely to have been a terrorist attack. >> i can't believe you would suggest that. it was very unclear what happened and the main thing was to make sure rather than make snap judgements that we take a step back and make a full investigation. >> do you accept that, that embass
cut plan that would increase taxes on the middle class. he wouldn't make abortion he said he would be delighted to sign a bill that would ban abortions if congress sent it to him. mitt romney has campaigned as a severely conservative candidate for president. now that he knows that those -- he is trying to hide who he is and what he stands for. there is a lot of anger building now about the issue of trust. what do you make of that? it was clumsily handled? should heads roll? >> president...
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Oct 11, 2012
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cut plan that would increase taxes on the middle class to pay for taxes on the millionaire and billionaires. now he tells the register that he wouldn't make abortion a part of his agenda. i mean, this is the same mitt romney that said he would be delighted to ban abortions if congress sent it to him. his lead running mate has been the sponsor of many legislations that would totally stop women. mitt romney has been a severely conservative candidate for president. now that he notices that the policies could make sure he does not have is a chance of being elected, he is trying to hide who he is and what he stands for. we won't let him get away with it. >> when it comes to trust, though, we're watching the hearings on the libya attack. and there is no doubt, now, there is an issue on the trust with the white house and the statements that came out from the various ambassadors and so on, what do you make it? what it a scandal? should heads roll? >> well, first of all, piers, president obama knew ambassador chris stevens, knew him personally and was s appreciative of his work. as president of the
cut plan that would increase taxes on the middle class to pay for taxes on the millionaire and billionaires. now he tells the register that he wouldn't make abortion a part of his agenda. i mean, this is the same mitt romney that said he would be delighted to ban abortions if congress sent it to him. his lead running mate has been the sponsor of many legislations that would totally stop women. mitt romney has been a severely conservative candidate for president. now that he notices that the...